Unemployment worsened even with more foreign investment
March 23, 2023
Proponents of charter change insist that more FDI from changing the Constitution’s economic provisions will create job opportunities and decrease unemployment. Has unemployment decreased as FDI increased?
1.8-million loss in full-time jobs dispels gov’t claim of recovery, robust jobs market – IBON
March 10, 2023
The jobs crisis is worsening despite the economy reopening. Sugarcoating only hides the problem and prevents urgent action to help millions of Filipinos struggling to make ends meet.
The right size for development?
March 9, 2023
The Marcos Jr administration’s rightsizing program goes in the direction of further weakening the government just when it is so needed to become bigger and better to transform the economy to serve the public interest.
Why are Filipinos so poor if the labor market is so vibrant?
February 11, 2023
The economic managers chronically downplay problems and prefer unfounded sunshine and smugness about the state of the economy. This hinders taking steps towards real solutions.
Employment falls, official unemployment stats hide millions of jobless Filipinos — IBON
November 8, 2022
The Marcos Jr administration appears to be more intent on playing up supposed employment gains rather than addressing the reality of massive joblessness.
It’s an emergency: Help millions of Filipinos in crisis now
November 2, 2022
The government’s spending priorities need to be fixed. Social protection needs to be expanded to help families and sectors in need. It is also never too early to start taking steps to develop the national economy and make Filipinos less vulnerable to external economic shocks.
Hike ayuda and labor budgets amid over 20M in informal work — IBON
September 8, 2022
More and more Filipinos are forced to make do with informal work given the lack of better jobs. Yet, the Marcos Jr administration has cut the 2023 budgets for ayuda and labor.
Persisting jobs crisis belies gov’t claims of growth momentum
July 8, 2022
The increase in May 2022 unemployment and informal work shows that the jobs crisis persists despite government’s opening up of the economy and hype of economic growth.
PH among worst performers in Southeast Asia
June 13, 2022
The government hypes the Duterte legacy but comparing growth, jobs, inflation, trade and debt figures with other Southeast Asian countries shows the Philippine economy as among the poorest performers. This is due not only to its poor COVID response, harsh lockdowns and refusal of economic stimulus but to pre-pandemic mispriorities.